It was bound to happen. Either via automation and services, or like it is now-via AI deployment. This is just mind blowing how multi-billion corporations allowed themselves to think that they can rely on SaaS forever. But not to worry, surely there're additional very specific niches where the AI either too limited, not suitable, or just too expensive/resource-heavy to run. Just another step in the technology evolution. Once someone figures out cost effective data storage, battery technology, or fusion based energy generation, on each one of those steps we'll have similar shake outs and technology induced panic. We'd better get used to it on the cycle basis. We'll just need to figure out the each cycle duration. My guess is they'll have geometric progression.
Palantir Four-Day Rally! Bottom Reversal Confirmed?
Palantir advanced 4.75% to $142.15, extending a four-session rebound to over 14% as the $123.77 low held as effective support and the $140 resistance zone was cleared, restoring bullish narrative dominance. Michael Burry's bearish thesis — that Anthropic is "eating Palantir's lunch" via government AI contract competition — continues to diverge sharply from actual price action. If Q1 earnings deliver solid upside in government revenue, Burry's call faces direct refutation — is $150 the next target?
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